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20130224
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for google as its stock price set a new record. google shares were only $85 each when the ipo was issued in 2004. today google share prices closed above $800 an all-time high. mark sayre with more on the explosive growth and what it means for the bay area. >> reporter: elizabeth, according to the "wall street journal," google is only the fourth company ever to have this $800 stock price but despite that eye-popping number analysts say it's the ongoing work that the company is doing that's more important than the actual number. at the google plex at mountain mountain view, they are making big inroads in mobile computing. >> there are many one of these but there's only one google. >> reporter: he follows the tech industry for global equities research and says google has few peers when it comes to innovation. >> google has been doing phenomenally well when it comes to innovation. they are thinking big and bold. and they are thinking broad. those are the key recipes for success. >> reporter: they are dominant in digital ad revenue making mon in i with ad
tax.com. google's backyard for the wbing it on challenge.. [fight bell: ding, ding] what's your preferred search engine? search engine, uhh, probably google. if we do a side by side blind test comparison, and you end up choosing google, you get an xbox. i'll bet you the xbox, you bet me your son. well let's look up what you need. okay, i would do the left. yeah? what?! i am a daddy! bing wins it! bing won. bing did win. people prefer bing over google for the web's top searches. don't believe it? go to bingiton.com and see what you're missing. >>> this is kpix5 news on the cw. >> people in mayor gene quan's neighborhood. >>> look what we found in the bay area today. low elevation snowfall. mt. hamilton, a will lot of spots. >> and the bay area city putting the stop on hard liquor licenses. >>> good evening, i'm ken bastida. >> and i'm elizabeth cook. her neighbors say they have had enough. tonight,they tell kpix5's kristen ayers if gene quan won't take action, they will. >> quiet as it seems from here, a neighborhood in the oakland hills, is in crisis. >> they completely trashed the house.
and wrecking all the contents. the homeowner says the tree fell because the roots were diseased. >>> google has reached a height never achieved. it stock heights hit and then closed above the $8 mark today. google closed at $806.85 this comes eight years after google stock topped $7 a share. analysts are crediting larry page under his two year leadership google continued to push into ambitious new areas that are growing more opportunities to sell advertising. and google's android software now powers more than 600 million smart phones and tablet computers. >>> on wall street it was an update for all the mayor indexes. the the áf dow was up 53 points, the nasdaq was up 21. and the s & p was up 11. word that office depot may merge with its smaller rival officemax drove the markets up. >>> today president obama ramped up pressure on congress. surrounded by first responders, the president said that slashing funding would hurt the economy. >> this is not an abstraction. there's people who's livelihoods are at stake. their communities are going to be impacted in a negative way. >> the cuts which woul
on google's g-mail service. jonathan bloom shows us what it is about. >> you go through every single word of your g-mail. >> they sell ads so i get googled. >> is that is the free email service. out look.com. >> it doesn't read your attachments or use that for advertising. >> in fact manager says there less advertising because they use less space to use facebook book posts. >> they have making sure that google plus works good but you love linked in and let's make sure it all woq totaling. >> and they added features like scheduling daily emails to delete themselves each day. >> the far most used is delete button. >> and attachments like photo albums. microsoft gives you 7 gigs of free cloud storage for that. >> they sent six emails with four attachments and something funny. so we made it easy to share. >> biggest news about outlook.com is what it is replacing. microsoft is shutting down hot mail which was recently the most popular free email service. >> they have a branding problem with hot mail. >> hot mail just stopped being cool. >> it was the email address for grandparents and spamers.
widespread attack against apple computers to date. >>> google sored topping $8 hun for the first time. analysts sigh google should be in good shape for years to come. you tube is a growing platform for advertisers and android software is used in more than 600 million smart phones and tab lets. when google went public back in 2004 the share price was $84. today the stock closed at 806 dlrs up nearly 14 dlrs or close to 2%. the dow industrial gained 52 points. the dow is now less than 1% below its all-time high. nasdaq rose 21 points today. >>> a big new development project was unveiled today for the mission rock neighborhood of san francisco just south of at&t park. as rob ross explains the city's largest brewery as big plans for that space. >> the giants are planning for more than world championships. the ownership is proposing a $1.6 billion development called mission rock, and today announcesed its first tenant. lee and giants ceo larry bear, san francisco's own brewing company celebrated its plan to expand its operation into pierre 48, a huge tenant for a huge development. anchors
-time high set back in october of '07. >>> and google stock is also riding pretty high. it broke $800 yesterday for the first time, closing at almost $807 a share. that puts it just behind apple and exxon mobil in net worth. wow. google dominates internet search, is a major force in web advertising and is also becoming a factor in technology, as well. good times at google. >> that's for sure. >>> apple is the latest company to admit it's been hacked. some employees' mac computers were infected by the same malware that hit twitter and facebook. the mess method the hackers used was the same, as well, exploiting a flaw in jobs' software. apple says no customer data was compromised. and it has cleaned up that infection. >>> and if you think your morning starbucks is pretty expensive, a fan in washington state is claiming the record for the most expensive starbucks drink ever. something that he's calling the quadriginoctuple frap. >> there you go. >> this thing includes 48 shots, plus add-ons. banana, protein powder and whipped cream. he paid $47.30. that is more than twice the previous re
in silicon valley to develop self driving cars. google has been testing the technology for years in the bay area. nissan move the current resource from his japan to sunnyvale just 5 miles from google headquarters. nissan ceo believes self driving cars won't be feasible until 2020 because of regulatory the and technological hurdle. >> women of the first family skied in colorado. president himself went golfing in florida with tiger woods. and flew back home to washington today. on wednesday i'll have the chance to sit down with mr. mr. obama for exclusive one-on-one interview at the white house. i'll be traveling to dc this week to interview president obama. i leaf tomorrow. my report live from washington begin airing tomorrow evening at 5 here on abc 7 news. >> i'll be here reporting the next couple daisy. tweeting from washington as well. at dan ashley abc 7 so follow me on twitter as well. lacking for experience opportunity to talk about issues we care abou about. >> we look forward to hearing what he has to say time. all right let's check in now with sandhya. >> we said at the
to open research center in silicon valley to develop self driving cars. google has been testing the technology for years in the bay area. nissan move the current resource from his japan to sunnyvale just 5 miles from google headquarters. nissan ceo believes self driving cars won't be feasible until 2020 because of regulatory the and technological hurdle. >> women of the first family skied in colorado. president himself went golfing in florida with tiger woods. and flew back home to washington today. on wednesday i'll have the chance to sit down with mr. mr. obama for exclusive one-on-one interview at the white house. i'll be traveling to dc this week to interview president obama. i leaf tomorrow. my report live from washington begin airing tomorrow evening at 5 here on abc 7 news. >> i'll be here reporting the next couple daisy. tweeting from washington as well. at dan ashley abc 7 so follow me on twitter as well. lacking for experience opportunity to talk about issues we care abou about. >> we look forward to hearing what he has to say time. all right let's check in
. in the newsroom, elissa harrington, kpix 5. >>> historic day for google. stock in the internet search engine is trading above $800 for the very first time ever. slow climb to 800 though. google topped 700 over five years ago. but now it's going strong. overall, stocks are higher today too after the long president's day weekend. up nearly 50 points on this tuesday. >>> a big announcement today in the mission rock development along san francisco's waterfront. the san francisco giants say they have secured their first tenant for the almost $2 billion project. kpix 5's cate caugiran is in san francisco today to tell us who is looking to move in. so who is it, cate? >> reporter: well, let me tell you, it is anchor brewing company, the maker of the beloved anchor steam beer is going to be making pier 48 its new home making the local favorite a new tenant for the giants project. the giants plan is to put the $1.6 billion project across from mccovey cove and at&t park, it's also known as the mission rock development. it's a tourist draw with a restaurant and muse
is considered to be oversaturated with alcohol licenses. >>> google stock reaches a new milestone. let's check the latest numbers with kcbs radio's financial reporter jason brooks. well over 800. >> that's right. >> reporter: google topping $800 for the first time yesterday. stock is really on a tear over the past six months. gaining $200. you can chalk it up to android becoming the dominating system for mobile devices overseas and google dominating and searching's display advertising. stocks starting today at just under $807. getting looks at the u.s. economy this morning. new home construction fell to 890,000. however a lot of it came on a drop in apartment construction. single family homes were up slightly and a sign of future activity, building per mitts up 2% from the year -- permits up 2% from the year earlier. >>> the labor department reports the wholesale side of the producer price index was up two-tenths of a percent although it was the first increase since september. you can blame food prices for that. they were up by 7/10ths of a percen
to cut into the user base of google and yahoo. be updated. if you're like a lot of people you probably have a old cell phone stuck in a drawer. one survey found that mer than half of us have two or more unused phones in the house. sell cell;vy of helping you sell the phone pointsing out the average phone on the site is bought for $91 mill sh -- $91. men are said to be twice as likely as women to not take the time to sell the phone autos we can't find them. >> very true. >> they're in a are drawer with other junk. >> if you can find them, there is money in there. >> snow on the east bay and the santa cruz, and sunshine here. >> i know. it's crazy. we've seen hail on the peninsula. funnel clouds being reported by
. >> coming up first, going after google, a new set for microsoft outlook trying to take a bite out of gmail. >> live doppler 7 hd working west to east at half moon bay, 92 a beautiful highway one right there getting wet with light showers. it crosses over to california drive and bayshore highway and it is dry at sfo but you will have another rain. the rain is in the middle of the bay headed to san leandro boulevard and alameda and mcarthur boulevard. st. mary's is getting wet spilled to walnut creek headed toward concord. the big picture shows we have more storms to the north, the more organized and heavier activity that will move in from about 8:00 through 1:00 o'clock from north to south. scattered thunderstorms are possible with rain and hail and lightning also today. >> back to the san mateo bridge, reports of a stall blocking a lane on the high-rise and it is not really affecting us, but a little bit of slow traffic on the highway rise section but traffic is moving nicely on the flat section and hopefully that will be cleared nicely with rain with wet roads on the san mateo bridge. hay
. google shareholders have some big smiles on their faces today. for the first time, the company's stock meet history when it topped $800 yesterday. the milestone came more than 5 years after google shares initially crossed $700. bp will not have to pay penalties for all of the more than 200 million gallons of oil that spilled into the gulf of mexico back in 2010. the u.s. government agreed not to fine bp for 34 million gallons the company captured before entering the gulf. fines for all the rest of the oil will be in the billions. back to you. >> erica, i like tole not latest fashion but i don't know about the postal service getting into the business. >> reporter: the postal service is putting its stamp on a clothing line. it's called rain, heat and snow. it will include accessories and this is not the first time the post office has gone into the fashion business. in the 1980s it sold neckties and t-shirts with images of postage stamps on them. i guess they are hoping to generate some income there. >> i'm thinking the blue shirt, shorts might
to sunnyva just milefrom google hequarrs. ssan o bliev self driving cs n't be fsibl unti2020 beuse regulory e a techlogical hurdle. >> women of the first fily skied in colorado presiden mself went golfg in florida withiger woodsnd flew ba hometo washiton toy. on wedsday i'lhave the chance to sit down with mr. obama for exclusive one-on-one interview at the white hous i'll be traveng to dchis weto ierview present obama i lf tomorrow. my rept live from washington begin airing tomorrow evening at 5 here on abc 7 news. >> i'lbe re rorng t ne cple daisy tweeting from washington as well. at dan ashley abc 7 so follow me on twitter as well. lackin r experience opportunity to talk about issues we care abou abou >> we look forwa to hearing what he has say time. all right t's check now with sandhy >> w said at t top srm is comi. >> st time wead measurab rain he i the b are brua 8th. itas been a longime inomingswe check out live doppler 7hd not whole lot is happening but there is moisture coming. it's up to the north. crescent city eureka a light moderate rain fallg right w. we ha a wint we
are currently up and above the 1400 mark. also just been a google stock price topped $800 to the first time today amid renewed confidence in the company's ability to read steadily higher profits from its dominance of internet certain prominence in the increasingly import mobile device market. >> if the coast guard says an engine fire aboard the carnival cruise triumph was caused by a leak in a fuel oil return line. the fire left the cruise ship paralyzed on february 10th in the gulf of mexico until tugboats toted to alabama. >> off the cruise ship was adrift for several days without power, unsanitary conditions and little food. before it could be towed back to shore. investigators a been checking over the ships in to arrived thursday in mobile. >> 7:41 a.m. we will be back with more in a couple of minutes. do not forget gary is coming within the next five minutes. stick around if you can. if you have to leave the house we have a messy commute this morning at the bay area. hot spots and rain and snow in tahoe. taking a live look at storm tracker 4. you can see were the rain is falling as we
't 1999 but investors are sure partying like it is, after nasdaq hit an all-time high. google its stock price topping $800 a share yesterday. natalie? >> all right. jackie at the new york stock exchange, thank you. >>> the vice president is generating some buzz after a facebook town hall chat with parents' magazine and a discussion focusing on joe biden's gun control efforts. he gave frank advice on self-defense. >> if you want to protect yourself, get a double barrel shotgun. you don't need an ar-15. buy a shotgun. buy a shotgun. >>> the vice president says he has two shotguns of his own at his home in delaware. >>> those dash cam videos from russia never seem to disappoint. in this one shgs take a look, the driver was surprised to see that the vehicle came at the next gas pump was, in fact, a hang glider. after fueling up, it rolled on to the highway, waited for a break in traffic and then up to the sky. wouldn't that be a great way to commute? >> around here it would be a bad deal. 7:13 right now. >> beats sitting at one of the red lights that david likes to run. >> exactly. why are
his memorial service. a bittersweet story after this. pr , obly google. if we do a side by side blind test comparison, and you end up choosing google, you get an xbox. i'll bet you the xbox, you bet me your son. well let's look up what you need. okay, i would do the left. yeah? what?! i am a daddy! bing wins it! bing won. bing did win. people prefer bing over google for the web's top searches. don't believe it? go to bingiton.com and see what you're missing. so ditch the brown bag for something better. like our bacon ranch quesadillas or big mouth burger bites, served with soup or salad, and fries. starting at just 6 bucks, at chili's. the intense ache made it hard to do the things that i wanted. my doctor diagnosed it as fibromyalgia -- thought to be the result of over-active nerves that cause chronic, widespread pain. lyrica is believed to calm these nerves. i learned lyrica can provide significant relief from fibromyalgia pain. so now, i can do more of the things i enjoy. lyrica is not for everyone. it may cause serious allergic reactions or suicidal thoughts o
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